FDIST is used in Google Sheets to find the probability of a certain event occurring. To use FDIST, you first need to input the event's probability, the number of trials, and the desired level of confidence. FDIST will then calculate the probability of the event occurring, as well as the standard error.
FDIST is a function in Google Sheets that calculates the cumulative distribution function (CDF) of a given set of data. The syntax of FDIST is as follows: FDIST(x,y) where x is the input data and y is the desired output.
FDIST can be used in Google Sheets to find the probability of a given event occurring. To use FDIST, you first need to specify the event you're interested in, and then you need to input the corresponding data. For example, suppose you wanted to find the probability of rolling a 3 on a six-sided die. You would first need to specify the event as "rolling a 3" and then input the data corresponding to that event. In this case, you would input the number 1, since there is only 1 way to roll a 3 on a six-sided die. Once you've input the data, you can use the FDIST function to find the probability.
FDIST should not be used when the data is not normally distributed. The function is not reliable when the data is not symmetrical. Additionally, the function should not be used when there is a large amount of outliers in the data set.
One possible similar formula to FDIST in Google Sheets is the NORMDIST function. This function calculates the normal distribution for a given set of inputs. Another possible similar function is the ZTEST function. This function calculates the z-test for a given set of inputs. Finally, the CHISQ.DIST function can be used to calculate the chi-squared distribution for a given set of inputs.